“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine cables landing. It has, low [cost] electricity, reduced political risk, and favorable weather conditions for data centers,” said Olivier Ohnheiser, CEO of Green Data City, an Oman crypto-mining firm, told CoinDesk during Bitmain’s World Digital Mining Summit in Oman at the end of March.
Related posts
-
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in... -
Crypto for Advisors: The Growth of Bitcoin as Collateral
As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the... -
Saudi Arabia Leads MENA in Crypto Growth for Second Year Running
Saudi Arabia has emerged as the fastest-growing crypto economy...